According to Bloomberg, it seems Goldman Sachs (Shenzhen) Financial Leasing Co. has been operating since May 2013, and it's not affiliated with the actual Goldman Sachs Group Inc.

Shenzhen is one of the major financial cities in China, just north of Hong Kong. The metropolis is widely known for being home to a number of large Chinese firms such as Tencent, and is also the location of Foxconn's largest factory, dishing out iPhones, BlackBerrys and Xboxes.

The popular bank's spokesperson said the Shenzhen clone has no ties with it, and that Sachs is investigating next steps to take on the matter.

Putting a "Shenzhen" in there doesn't absolve the Chinese clone of possible trademark infringement, but other foreign firms that have sued for name changes in the past have failed to win such battles in Chinese courts.

China's trademark law follows a "first to file" rule, which is different from other countries such as the U.S. which follows a "first to use" system, which looks at whether companies have used the trademark in business.